AT&T is dropping its plans to develop in-flight Wi-Fi for commercial airlines.
The decision means Gogo is likely to remain the leading company in on-board connectivity.
In April, AT&T announced a partnership with Honeywell International, Inc. to develop in-flight Wi-Fi with its 4G LTE technology. But the company announced Monday it was scrapping that plan.
“After a thorough review of our investment portfolio, the company decided to no longer pursue entry into the inflight connectivity industry,” AT&T spokesman Fletcher Cook said in a statement. “We are focusing our capital on transformative investments, such as international and video.”
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